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Published bySakshi Bhargava Modified over 6 years ago
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Global North American FRP Pipe Market 2017-2022: Trends, Forecast, and Opportunity Analysis 1
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Industry Profiles Snapshot Major ParameterDescription Market Segments by End Use Industry Power transmission and distribution, telecommunication, lighting and others Market Segments by Process Type Pultrusion, filament winding and centrifugal casting Market Segments by Composite Material Type Fiber, resin Market Segments by Region North America, Europe, Asia Pacific and Rest of the World Top Companies Name Valmont Industries, Petrofisa do Brasil, Geotek Inc., Strongwell, CMT LLC, R.S. Technologies, Creative Pultrusions Inc., and Europoles GmbH Trend Growth Rate and CAGR8.4% Key Industry Forecast The global FRP pole market is expected to reach an estimated $322.1 million by 2022 and is forecast to grow at a CAGR of 8.4% from 2017 to 2022. Key Industry Driver Driver: Ongoing replacement of obsolete wooden poles and performance benefits of FRP poles over wood, steel, and other poles; these benefits include rot and corrosion resistance, minimal maintenance, and easy installation.. 2
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Industry Overview Market Size The global FRP pole market is expected to reach an estimated $322.1 million by 2022 and is forecast to grow at a CAGR of 8.4% from 2017 to 2022. Emerging trends, which have a direct impact on the dynamics of the FRP pole industry, include focus on modular pole systems and increasing demand for UV resistant properties in FRP poles. Market Size (2022)$322.1 million CAGR (2017-22)8.4% 3 Industry Performance : Forecast
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